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Filing year 2024

NICHOLAS J AND ANNA K BOURAS FOUNDATION INC

Summit, New Jersey·EIN 22-3591803·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7.9M
Total assets
$106.9M
Total expenses
$5.1M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Trustee
Board Member
Median to 75th percentile
$29k
$31k
Secretary
Board Secretary
Median to 75th percentile
$14k
$15k
Pres/treasur
Unclassified
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NICHOLAS J AND ANNA K BOURAS FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4.2M

Itemized grants

45

Median grant

$20k

RecipientLocationPurposeAmount
GREEK ORTHODOX ARCHDIOCESNEW YORK, NYSUPPORT OF GREEK ORTHODOX RELIGION$1.3M
GREEK AMERICAN NURSING CENTERWHEELING, ILCARE OF ELDERLY GREEK AMERICANS$400k
THE CITADEL FOUNDATIONCHARLESTON, SCSUPPORT OF CONTINUING EDUCATION$390k
ORDER OF ST ANDREWNEW YORK, NYSUPPORT OF RELIGIOUS FREEDOM$360k
OVERLOOK HOSPITAL FOUNDATSUMMIT, NJSUPPORT OF LOCAL HOSPITAL FOUNDATION$325k
FOUNDATION FOR MORRISTOWN MEDICALMORRISTOWN, NJSUPPORT OF HOSPITAL$150k
HOLY TRINITY GOCWESTFIELD, NJSUPPORT OF LOCAL CHURCH$125k
OVERLOOK HOSPITAL FOUNDATSUMMIT, NJSUPPORT OF LOCAL HOSPITAL FOUNDATION$125k
GREEK AMERICAN COLLEGE OF GREECEBOSTON, MASUPPORT OF EDUCATION$100k
ST KATHERINCE GREEK ORTHODOX CHURCNAPLES, FLSUPPORT OF GREEK ORTHODOX CHURCH$100k
TIKVA CHILDRENS HOMENEW YORK, NYSUPPORT OF NEEDY CHILDREN$90k
METROPOLIS OF NEW JERSEYWESTFIELD, NJSUPPORT OF THE GREEK ORTHODOX CHURCH$70k
GREEK ORTHODOX CHURCH OF THE HAMPTOSOUTHHAMPTON, NYSUPPORT OF THE GREEK ORTHODOX CHURCH$60k
ANNUNCIATION GREEK ORTHODOX CHURCHNEW YORK, NYSUPPORT OF LOCAL CHURCH$50k
STUDENT PARTNER ALLIANCESUMMIT, NJSUPPORT OF EDUCATION$50k
SUMMIT YMCASUMMIT, NJSUPPORT OF YOUTH RECREATION$50k
STEPHEN SILLER TUNNEL TO TOWERS FNDSTATEN ISLAND, NYSUPPORT OF FIRST RESPONDERS$50k
WASHINGTON OXI DAY FOUNDATIONWASHINGTON, DCGREEK AMERICAN HERETIG$35k
CROSSROADS INITIATIVEIRVING, TXSUPPORT OF THE CHRISTIAN CHURCH$33k
HELLENIC INITIATIVENEW YORK, NYSUPPORT OF CRISIS RELIEF$25k
SAINT NICHOLAS NATIONAL SHRINENEW YORK, NYSUPPORT OF THE GREEK ORTHODOX CHURCH$25k
GRACE COMMUNITY CHURCHMARION, NCSUPPORT OF HURRICANE RELIEF$25k
FORDHAM UNIVERSITYNEW YORK, NYEDUCATION$20k
THOMAS I GLASSER MEM FUNSUMMIT, NJSUPPORT OF LOCAL SCHOLARSHIP FUND$20k
MICHAEL J FOX FOUND FOR PARKINSONSNEW YORK, NYSUPPORT OF PARKINSONS RESEARCH$20k
Compare this foundation's grantees

Up 25%
from 2023

From $23k in 2023 to $29k in 2024.

$23k
2023
$29k
2024
In today's dollarsEst.
Up 20% in real terms$26k to $31k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 25% from 2023 to 2024, while revenue rose 183%.

$23k in 2023 to $29k in 2024.
  • Board Secretary pay rose 40% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NICHOLAS J AND ANNA K BOURAS FOUNDATION INC

What does the Board Member of NICHOLAS J AND ANNA K BOURAS FOUNDATION INC earn?

In 2024, the Board Member of NICHOLAS J AND ANNA K BOURAS FOUNDATION INC received $29,000 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NICHOLAS J AND ANNA K BOURAS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Member at NICHOLAS J AND ANNA K BOURAS FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at NICHOLAS J AND ANNA K BOURAS FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are NICHOLAS J AND ANNA K BOURAS FOUNDATION INC's revenue and expenses?

In 2024, NICHOLAS J AND ANNA K BOURAS FOUNDATION INC reported $7.9M in total revenue and $5.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.